Saturday, August 6, 2016

Saudi Arabia cut oil prices in Asia – the Ekho Moskvy radio station

The Kingdom is trying to oust Russia from the region and Iran, writes The Wall Street Journal, citing its sources. In the second quarter of Saudi Arabia, Iraq has conceded the lead in terms of oil supplies to India. In China, Riyadh competes primarily with Moscow. According to consulting firm JBC, Iran’s total exports to China, Japan and South Korea in the first half, after the lifting of sanctions, increased by 29%.

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